InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 13
Rhea-AI Summary
InterContinental Hotels Group (NYSE:IHG) purchased 20,187 ordinary shares on 12 March 2026 through Goldman Sachs International on the London Stock Exchange at an average price of $131.5011 per share.
The company said it intends to cancel the purchased shares. Following the transaction, IHG has 150,654,861 ordinary shares in issue (excluding 5,431,782 treasury shares).
AI-generated analysis. How Rhea-AI works. Not financial advice.
Positive
- Repurchased 20,187 ordinary shares on 12 March 2026
- Intends to cancel the repurchased shares, reducing issued share count
Negative
- Buyback small relative to issued shares (~0.013% of issued shares)
News Market Reaction – IHG
On the day this news was published, IHG declined 1.57%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Purchase of own shares
LONDON, UK / ACCESS Newswire / March 13, 2026 / The Company announces that on 12 March 2026 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 8 May 2025 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 17 February 2026, as announced on 17 February 2026.
Date of purchase: | 12 March 2026 |
Aggregate number of ordinary shares purchased: | 20,187 |
Lowest price paid per share: | |
Highest price paid per share: | |
Average price paid per share: |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 150,654,861 ordinary shares in issue (excluding 5,431,782 held in treasury).
A full breakdown of the individual purchases by GSI is included below.
http://www.rns-pdf.londonstockexchange.com/rns/4889W_1-2026-3-12.pdf
Enquiries to:
InterContinental Hotels Group PLC:
Investor Relations: Stuart Ford (+44 (0)7823 828 739); Kate Carpenter (+44 (0) 7825 655 702); Joe Simpson (+44 (0)7976 862 072)
Media Relations: Neil Maidment (+44 (0)7970 668 250); Mike Ward (+44 (0)7795 257 407)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: InterContinental Hotels Group PLC
View the original press release on ACCESS Newswire